30 April 2024
  
Highlights
 
World
2023: a year of mixed results in casual and outdoor
Apr 30, 2024 / World
In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback   
 
World
Portuguese consortium launches 34 cutting-edge solutions to have the world’s most advanced industry
Apr 29, 2024 / Portugal
As part of a consortium led by CaritĂ© and coordinated by CTCP, several companies are working to develop 34 innovative products by the end of next year to make the Portuguese footwear industry the most qualified in the world   
 
Companies
Kering expects H1 recurring operating income to decline by 40-45%
Apr 25, 2024 / France
The French-based luxury giant expects its first half operating profit to plummet by 40% to 45%, after reporting a 10% year-over-year fall in sales, largely due to the weak performance of Gucci   
 
Companies
Asos announces stock reduction ahead of target
Apr 24, 2024 / United Kingdom
The online retailer widened its losses in the first half of its fiscal year, but said its turnaround plan was progressing well, highlighting that it had reduced its stock levels ahead of target   
 
Companies
JD Sports announces acquisition of Hibbett
Apr 26, 2024 / United Kingdom
The British sports retailer has proposed to buy the US sportswear retailer Hibbett for around 1.08 billion USD. The move will allow JD Sports to expand its business in the North American country   

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